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Today’s economy, in the era of Industrial Revolution (IR) 4.0, had become more challenging and globalized. However, there are ways to adapt those challenges. Many studies had determined innovation as the key for an organization pursuing growth and keep competitive in this 21 century. Therefore, in order to remain competitive in the industry, an organization could not any longer depends solely on their tangible asset such as factories, facilities, machinery and land, instead, they need to increasingly turn their focus into their intangible asset including goodwill, brand recognition, copyrights, patents, trademarks, trade names, and customer lists, also any knowledge-based resource, information, and knowledge sources to come out with innovation. Previous studies had proved that the knowledge sources as the key factors for an organization in creating new invention, innovation, or product. Therefore, to stay on the top of the information industry or in being competitive and survive in the industry, a company, especially with the large-scale size, needs to come out with new innovation. Therefore, this paper will discuss on the how knowledge sources benefit to company innovation.

Knowledge Sources: Key Factors for an Organization in Creating New Invention and Innovation